Business News

Indonesia Ranks 3rd in the Global Islamic Economy, Strengthening Its Halal Market Leadership

Indonesia has solidified its position as the 3rd largest global Islamic economy according to the State of the Global Islamic Economy Report 2024/2025, maintaining consistent performance in key halal sectors such as modest fashion (ranked #1 worldwide) and Muslim‑friendly tourism (ranked #2). This achievement reflects sustained policy support, vibrant industry…

Taiwan Shows Strong Interest in Indonesian Food Products with USD 357 K Business Matching Potential

Business matching activities between Indonesian producers and Taiwanese buyers have revealed a promising interest in Indonesian food products, with potential transactions reaching approximately USD 357 thousand, signaling strong cross-border demand and commercial opportunity. The engagement highlights how diaspora networks and strategic outreach can serve as a valuable bridge connecting Indonesian…

Indonesian SMEs Demonstrate Competitive Edge in Global Markets

Indonesian Micro, Small, and Medium Enterprises (SMEs) have proven their ability to compete internationally, as highlighted by the Trade Ministry’s UMKM BISA Export program, which facilitated 1,217 SMEs across various industries in 2025, generating transaction value of USD 134.87 million through direct global business matching activities. These efforts included 622…

Kemendag Strengthens Indonesia’s Domestic and International Trade

Indonesia’s Trade Ministry reiterated its firm commitment to bolstering both domestic and international trade amid global market challenges, highlighting proactive policies designed to support local producers and expand export opportunities. During the Indonesia Economic Summit 2026 in Jakarta, Trade Minister Budi Santoso shared priority programs that elevate product competitiveness at…
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